GPS Trackit (Inverness Graham-backed) Acquires Zonar Systems from Continental

Ctrack Holdings (Convergence Partners) Acquires Inseego's Global Telematics Business

December 2, 2024

Telecommunications

Inseego Corp. completed the sale of its global telematics business to Ctrack Holdings, a portfolio company of Convergence Partners, for $52 million in cash. The divestiture lets Inseego focus on its core 5G business and repay debt, while Ctrack expands its telematics capabilities and geographic footprint across the UK, EU, Australia and New Zealand.

Trackunit Acquires ZTR's Industrial IoT Division

September 15, 2021

Cloud & SaaS

Trackunit has acquired the Industrial IoT (IIoT) division of ZTR Control Systems to create a unified telematics business serving the construction industry. The combined entity will expand Trackunit's SaaS and telematics capabilities, accelerate innovation, and extend global reach while ZTR's Rail division remains independent.

Zonar Acquires ez enRoute

September 16, 2025

Transportation

Zonar has acquired ez enRoute, an Edmonton-based provider of IoT-enabled student tracking and dynamic routing, and integrated its routing engine to launch the Zonar Bus Suite — an all-in-one routing and fleet operations platform for school districts. The deal expands Zonar’s student transportation capabilities, delivering real-time routing, ridership visibility and parent communication features.

Volaris Group Acquires Zonal, UK Hospitality E-POS Provider

February 4, 2026

Software

Volaris Group has acquired Zonal, a UK-based provider of electronic point-of-sale (E-POS) and integrated hospitality software solutions headquartered in Edinburgh. The deal strengthens Volaris's portfolio of vertical-market software companies and aims to support Zonal's continued growth and product development in the hospitality and leisure sectors.

Zetron Acquires GeoConex Corporation

February 16, 2023

Telecommunications

Zetron has acquired GeoConex Corporation, a developer and integrator of public safety and homeland security communications systems, making GeoConex a wholly owned division. The acquisition, disclosed by Zetron's parent Codan Limited on the ASX, expands Zetron's computer-aided dispatch, integration, development and support capabilities across mission-critical communications and homeland security markets.

GPS Insight Acquires Certified Tracking Solutions

October 11, 2022

Transportation

GPS Insight, an Accel-KKR portfolio company, acquired Certified Tracking Solutions (Titan GPS) from middle‑market PE firm HKW to expand its fleet management and telematics capabilities and extend its reach into Canada. The deal adds ELD-certified solutions, specialty tracking, Bluetooth asset tracking, and field operations tools to GPS Insight's suite of SaaS fleet and field service management products.